The trading price of Prospect Capital Corp (NASDAQ:PSEC) floating lower at last check on Wednesday, August 07, closing at $5.14, -1.44% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 17.15. In examining the 52-week price action we see that the stock hit a 52-week high of $6.40 and a 52-week low of $5.02. Over the past month, the stock has lost -6.62% in value.
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Prospect Capital Corp, whose market valuation is $2.15 billion at the time of this writing. The dividend yield on the company stock is 13.99%, while its Forward Dividend ratio is 0.72. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.18 per share this quarter, however they have predicted annual earnings per share of 0.77 for current year and 0.67 for next year.
Analysts have forecast the company to bring in revenue of 205.62M for the current quarter, with the likely lows of 205.62M and highs of 205.62M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 855.02M.
On the technical side, indicators suggest PSEC has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 3.43, which symbolizes a positive outlook. A quick review shows that PSEC’s price is currently -6.25% off the SMA20 and -7.11% off the SMA50. The RSI metric on the 14-day chart is currently showing 27.35, and weekly volatility stands at 2.27%. When measured over the past 30 days, the indicator reaches 1.53%. Prospect Capital Corp (NASDAQ:PSEC)’s beta value is currently sitting at 0.99, while the Average True Range indicator is currently displaying 0.10.
To see how Prospect Capital Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: PSEC stock’s performance was -1.44% at last check in today’s session, and -18.98% in the past year. Prospect Capital Corp has a P/E ratio of 17.15.
An evaluation of the daily trading volume of Prospect Capital Corp (NASDAQ:PSEC) indicates that the 3-month average is 1.66 million.
Currently, records show that 417.76 million of the company’s shares remain outstanding. The insiders hold 26.72% of outstanding shares, whereas institutions hold 9.89%. However, since the stock’s price has seen -14.11% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
